I posted this chart before, but did a little more analysis, and posting one more time... I believe best possible scenario for bullish move this week is 183ish area. I would not be surprised if price ranged between 181-183 for a while (blue shaded ...

Geppy's Geppy Thread (GBP/JPY)

My favorite myth is when any trader thinks they know better than everyone else on how to trade. If someone wants to tout their method as something that works, great. But to just shoot down what others say, amounts to no more than a myth in itself, ...

What are your favorite trading myths?

Excellent. So far I'm only comfortable holding positions, at the most for a hours, or few days max. But some day I'll work my way up to "working less" on those very comfortable higher time frames

Geppy's Geppy Thread (GBP/JPY)

Another voice of reason. Thank you Those who say it can't be done simply cannot do it themselves, and assume no one else can do it either... Those types of traders usually think their way is the only way to trade. As always, I respect any trading ...

Geppy's Geppy Thread (GBP/JPY)

I would also point out a breakout/rejection of #1 or #2 in opposite direction of arrows would also be a good opportunity, I believe...

Geppy's Geppy Thread (GBP/JPY)

Strongly agree Hickson, specifically if you are trading H1/H4 TF and above. To show the indecision, here's another view... Price is hovering around an S/R area (181.86ish) that could very quickly become support or resistance within a couple ...

Geppy's Geppy Thread (GBP/JPY)

Ah, I think I see you are looking at it more longer term, not just today. I also agree that is possible, but I'd need to see a reversal on H1 or H4 time frame before I'd trade that.

Geppy's Geppy Thread (GBP/JPY)

Not saying it won't go higher. Anything is possible, just doesn't look like it has momentum to do that right now. But I'd prefer to short it from higher if it does go up...

Geppy's Geppy Thread (GBP/JPY)

I did consider that, and went long for a few pips. But now only looking for short opportunities. I wouldn't want to fight the trend on Friday, and get stuck in sideways movement and drawdown... Lower time frames show it hovering under resistance. ...

Geppy's Geppy Thread (GBP/JPY)

Love all of the great informative posts on this thread. Sorry, I didn't notice it earlier...

Geppy's Geppy Thread (GBP/JPY)

You're welcome.

Geppy's Geppy Thread (GBP/JPY)

It's been my experience that scalping is the same as trading any higher time frame (if you do it right). The only difference is that you need to do your analysis and make decisions more quickly, and your trade direction changes more quickly and ...

Geppy's Geppy Thread (GBP/JPY)

Looks to be gearing up for a nice bullish break out on the near term horizon...

Geppy's Geppy Thread (GBP/JPY)

yep, I just see some resistance that will need to be broken. H4 shows a lot of S/R levels that will need to be plowed through. But in my opinion D1 chart shows the overall picture best. Price won't go far, unless there's a break out above 183.16, ...

Geppy's Geppy Thread (GBP/JPY)

Inside bar situation on H4 and D1, but will see how far it can be ridden up? If it follows UJ (more room to move), maybe it'll go further than I think? However, the overall picture in my opinion is still favoring short opportunities. So, will be ...

Geppy's Geppy Thread (GBP/JPY)

Hi Sconcha, as I mentioned I do trade H1 and H4. But I always come back to M5, M15 it seems. Maybe in my blood Grabbed 100 pips on GBPJPY yesterday and today. Of course, I'm weary of those burn-out days. But I was thinking of something that could ...

Double the Account... by Scalping

For me to maintain confidence in short term bullish outlook, I'd need to see a strong H4 close, i.e. engulfing bar, otherwise it'll be just an inside bar situation that could go either way...

Geppy's Geppy Thread (GBP/JPY)

Of course, I mostly only post short-term views, i.e. intra-day, so please take in that context...

Geppy's Geppy Thread (GBP/JPY)